NETSTREIT Launches New $400 Million ATM Equity Program

NETSTREIT ( (NTST) ) has shared an update.

On April 21, 2026, NETSTREIT Corp. and its operating partnership launched a new at-the-market equity offering program, entering into a $400 million common stock sales agreement with a broad syndicate of banks and brokers that can act as sales agents, principals, forward purchasers, and forward sellers. The structure allows NETSTREIT to issue shares directly or via forward sale agreements, with commissions capped at 1.5%, and the company plans to use any net proceeds contributed to its operating partnership for general corporate purposes, including property acquisitions, development, other investments, working capital, and potential debt repayment.

Also on April 21, 2026, NETSTREIT terminated its prior at-the-market equity offering program established in August 2024, under which it had sold approximately $256.1 million of common stock, including unsettled forward-sale shares. The company still has forward agreements outstanding on 12,777,902 shares from its previous ATM programs, which it may physically settle and monetize by delivering shares between September 2026 and March 2027, giving it additional future capital-raising flexibility without immediately increasing the current share count.

The most recent analyst rating on (NTST) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on NETSTREIT stock, see the NTST Stock Forecast page.

Spark’s Take on NTST Stock

According to Spark, TipRanks’ AI Analyst, NTST is a Neutral.

The score is driven primarily by mixed fundamentals—solid operating performance and growth but pressured by negative TTM free cash flow and rising leverage—tempered by a very expensive headline P/E. Offsetting these are constructive technicals and a positive earnings call with raised guidance, strong acquisition execution, and ample liquidity, though dilution and tenant-credit watch items remain notable risks.

To see Spark’s full report on NTST stock, click here.

More about NETSTREIT

NETSTREIT Corp. is a U.S. net-lease real estate investment trust that focuses on acquiring and managing single-tenant retail properties. The company typically targets tenants in necessity-based, discount, and service-oriented retail segments, using long-term net leases to generate stable, predictable cash flows for investors.

Average Trading Volume: 1,434,099

Technical Sentiment Signal: Buy

Current Market Cap: $2.22B

For detailed information about NTST stock, go to TipRanks’ Stock Analysis page.